About the role
About:
- AIB is a competition which is inspired by MUN (Model United Nations) where we will be allotting different teams with different Banks instead of countries unlike in MUN to discuss the recent 2 agendas that are going on in the Banking Industry e.g.- Global Recession, Future of new banking in India by integrating Artificial intelligence, tighter Norms by RBI on Personal loan sector.
- The event will be headed by individuals (NIBM Students) representing the RBI Governor and Deputy Governor who will provide motions (reasons/solutions for the agendas) and the team will be speaking on it.
- There will also be 2 moderators (faculty/guests/alumni) who will be judging the whole competition.
- There will be 3 prizes for this event.
Procedure:
- An online screening, in the form of a quiz, will be conducted before the event on the same website.
- The interested teams consisting of 2-3 members in each team, must register themselves on Unstop.
- Participants should be from the same college.
- No member can be a part of more than one team.
- There will be no negative markings in the online quiz.
- Based on the results, 6 teams will be shortlisted and will be given their respective banks (banks based on the time of the event will be decided) and a common agenda which will be communicated through an email.
- On the event day, the shortlisted team will be given a platform where the second round or discussion round wherein every team shall break into a full-fledged discussion on the agenda, putting forward their views, taking a stand, and challenging their fellow teams through interjections (counter).
- Results will be announced on the same day.
Round 1 - Quiz (Elimination Round):
- An online quiz based on banking and financial services will be conducted on the Unstop platform.
- 40 questions must be answered in 30 minutes.
- There will be no negative markings in the online quiz.
- Only team leaders will be allowed to play the quiz.
- The top 6 teams will qualify for the second round.
Round 2 - Discussion Round (Final Round):
- AIB is a MUN-inspired competition wherein 6 teams consisting of 2-3 students.
- Qualified teams will be representing a bank from a host of banks to discuss and put forth their views on a recent agenda relevant to the Banking Industry.
- This is followed by the discussion round. In this, every team shall break into a full-fledged discussion on the agenda, putting forward their views, taking a stand, and challenging their fellow teams through interjections (counter).
- The limit per team is 1.5 minutes - 2 minutes followed by a Real-Time News Segment wherein the house shall be presented with real-time news that shall take the event ahead with discussion on the same.
- The event will be headed by a NIBM Student representing the RBI Governor who will provide motions (reasons/solutions for the agenda) on which the house shall speak.
- The agenda shall be notified beforehand and shall run for an hour.
- There will also be a moderator to chair the session.
- Results shall be announced at the end of the event.
- Further details will be shared with the teams who will qualify for this round.
Timeline:
- Quiz date - 21st December 2026
- Date for the Final round – 29th Jan 2027 (Final round will be on campus)